Fortune Financial Advisors LLC Buys 2,282 Shares of iShares MSCI EAFE Min Vol Factor ETF $EFAV

Fortune Financial Advisors LLC lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF (BATS:EFAV) by 11.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 22,667 shares of the company’s stock after purchasing an additional 2,282 shares during the quarter. iShares MSCI EAFE Min Vol Factor ETF accounts for about 1.5% of Fortune Financial Advisors LLC’s portfolio, making the stock its 22nd largest position. Fortune Financial Advisors LLC’s holdings in iShares MSCI EAFE Min Vol Factor ETF were worth $1,905,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of EFAV. Jones Financial Companies Lllp grew its holdings in shares of iShares MSCI EAFE Min Vol Factor ETF by 210.5% during the first quarter. Jones Financial Companies Lllp now owns 240,428 shares of the company’s stock worth $18,734,000 after purchasing an additional 162,996 shares during the last quarter. Foundations Investment Advisors LLC bought a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the 1st quarter valued at about $10,429,000. Elevation Capital Advisory LLC acquired a new stake in shares of iShares MSCI EAFE Min Vol Factor ETF in the first quarter valued at about $9,702,000. OLD Mission Capital LLC raised its position in shares of iShares MSCI EAFE Min Vol Factor ETF by 309.0% during the first quarter. OLD Mission Capital LLC now owns 111,853 shares of the company’s stock worth $8,716,000 after acquiring an additional 84,503 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of iShares MSCI EAFE Min Vol Factor ETF by 20.9% in the first quarter. Royal Bank of Canada now owns 461,030 shares of the company’s stock worth $35,923,000 after acquiring an additional 79,604 shares during the period.

iShares MSCI EAFE Min Vol Factor ETF Stock Performance

BATS:EFAV opened at $84.24 on Thursday. iShares MSCI EAFE Min Vol Factor ETF has a fifty-two week low of $69.19 and a fifty-two week high of $85.52. The company has a 50 day simple moving average of $84.62 and a two-hundred day simple moving average of $82.44. The company has a market capitalization of $5.50 billion, a PE ratio of 16.91 and a beta of 0.57.

iShares MSCI EAFE Min Vol Factor ETF Profile

The iShares MSCI EAFE Min Vol Factor ETF (EFAV) is an exchange-traded fund that is based on the MSCI EAFE Minimum Volatility (USD) index. The fund tracks an index of developed-market equities, ex-US and Canada, selected and weighted to create a low volatility portfolio subject to constraints including sector exposure.